Project Grant 22ERP061477G

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Century Bank of the Ozarks $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The grant will support Century Bank of the Ozarks in expanding lending, grant making, and investment activity through December 31, 2028 in low-to-moderate income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the funding will enable the bank to increase access to capital and deliver financial assistance to underserved borrowers and communities as they respond to the economic effects of the public health emergency. As a certified Community Development Financial Institution, Century Bank of the Ozarks will use the grant to build capacity and acquire resources to provide critical financial products and services to those hardest hit by the pandemic through the end of 2028.